Strait of Hormuz

 


Given the Strait carries about one in five barrels of oil in the world, if it is shut down “you are dealing with a monumental shock to the global oil price”. 

Financial Times 1 March 2026

https://www.ft.com/content/31bfc01b-42a8-45f1-85d3-8f973595a456


War in Iran could cause the biggest oil shock in years

On February 28th the Islamic Revolutionary Guard Corps (IRGC), the regime’s praetorian guard, broadcast warnings that shipping through the strait was no longer permitted.

Enforcing that threat will be hard. American forces would probably dismantle any blockade within hours. Yet the strait is fast becoming unnavigable anyway. 

Satellite jamming is disrupting ships’ signals, raising the risk of collisions. Iran could deploy mines to make navigation even more hazardous. In the early hours of March 1st the Skylight, a Palau-flagged tanker blacklisted by America, was hit by a rocket off the coast of Oman.

Insurers are jacking up rates or cancelling policies altogether for vessels attempting the journey. At least five giant tankers, which were due to transit Hormuz to pick up oil in Saudi Arabia, Oman, Qatar and Iraq in early March, made U-turns on the afternoon of February 28th

The Economist 1 March 2026

https://www.economist.com/finance-and-economics/2026/03/01/war-in-iran-could-cause-the-biggest-oil-shock-in-years


The Carter Doctrine

Let our position be absolutely clear: 

An attempt by any outside force to gain control of the Persian Gulf region will be regarded as an assault on the vital interests of the United States of America, and such an assault will be repelled by any means necessary, including military force.

Brzezinski modeled the wording on the Truman Doctrine

https://englundmacro.blogspot.com/2014/08/the-carter-doctrine-obama-and-iraq.html


Trumandoktrinen

Den amerikanske presidenten Truman stod bakom förklaringen, som ingick i det tal han höll inför kongressen 12 mars 1947 i samband med inbördeskriget i Grekland, där regeringen kämpade mot en kommunistisk gerilla.

Trumandoktrinen – Wikipedia


plus ça change, plus c'est la même chose

https://en.wiktionary.org/wiki/plus_%C3%A7a_change,_plus_c%27est_la_m%C3%AAme_chose


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